Recently, proposed legislation to augment the jurisdiction of the U.S. Court of International Trade (CIT) has been provided to key industry groups and associations, including the ABA International Trade Committee, for review and comment. The legislation, which is known as the United States Court of International Trade Modernization and Trade Facilitation Act (CIT Modernization Act), is expected to be introduced in Congress by mid-2012. Key provisions of the proposed CIT Modernization Act are discussed in the article.
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